Netflix is officially closing its DVD rental service after 25 years. The company, which started as a DVD-by-mail business in 1998, announced that it will ship its final discs on September 29, 2023. This decision marks a significant shift for Netflix, which has become a leader in the streaming industry.
Before streaming, Netflix allowed customers to rent DVDs and receive them through the mail. This model disrupted the traditional video rental market and helped Netflix build a large subscriber base. As streaming technology advanced, Netflix transitioned its focus to online content, offering a vast library of movies and TV shows.
"After an incredible 25 years of mailing DVDs, we've decided to wind down DVD.com later this year," Netflix said in a statement. The company thanked its loyal DVD subscribers for their support over the years. Netflix is encouraging subscribers to make the most of their remaining rentals before the service ends.
Netflix to End DVD Rental Service After 25 Years
Netflix, the streaming giant, is ending its DVD-by-mail service after 25 years. This marks the end of an era for the company, which began as a DVD rental service before dominating the streaming market. The final DVDs will be shipped on September 29, 2023. Netflix is encouraging subscribers to watch their remaining discs.
Source: Read the original article at CNN